Minh Collins to head Cube X Media at GBT Technologies (OTC: GTCH)
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
GBT Technologies appointed filmmaker Minh Collins as President of Cube X Media Corporation, its wholly owned media subsidiary, effective April 10, 2026. The company entered into an Executive Employment Agreement with an initial 12‑month term and standard executive-level benefits.
Collins will receive $10,000 per month, payable in cash, common stock valued at $0.00005 per share, or a combination, at the Board’s discretion. The agreement includes detailed “cause” termination provisions, non-compete and non-disclosure obligations, and an indemnification clause in his favor.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Appointment effective date: April 10, 2026
Monthly compensation: $10,000 per month
Stock valuation for pay: $0.00005 per share
+2 more
5 metrics
Appointment effective date
April 10, 2026
Effective date of Minh Collins’ appointment as President of Cube X Media
Monthly compensation
$10,000 per month
Base compensation for Minh Collins under Executive Employment Agreement
Stock valuation for pay
$0.00005 per share
Valuation used when paying compensation in GBT common stock
Agreement term
12 months
Initial term of the Executive Employment Agreement
Press release date
April 16, 2026
Date of related press release filed as Exhibit 99.1
Key Terms
Executive Employment Agreement, non-disclosure clause, indemnification clause, forward-looking statements, +1 more
5 terms
Executive Employment Agreement financial
"appointed Minh Collins as President of Cube X Media Corporation and entered into an Executive Employment Agreement"
non-disclosure clause regulatory
"The Agreement also contains a non-disclosure clause in favor of the Company"
indemnification clause regulatory
"and an indemnification clause in favor of Mr. Collins"
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
wholly owned subsidiary financial
"Cube X Media Corporation is a wholly-owned subsidiary of the Company"
A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.
FAQ
What did GBT Technologies (GTCH) disclose in this 8-K filing?
GBT Technologies disclosed the appointment of Minh Collins as President of its wholly owned subsidiary Cube X Media Corporation. The company also outlined his Executive Employment Agreement, including term length, monthly compensation structure, and key contractual provisions like termination for cause, non-compete, and non-disclosure clauses.
What are the key terms of Minh Collins’ employment with GBT Technologies’ Cube X Media?
Minh Collins signed a 12‑month Executive Employment Agreement as President of Cube X Media. He will receive $10,000 per month, payable in cash, common stock valued at $0.00005 per share, or a mix, plus standard executive-level benefits and specified termination, non-compete, and confidentiality provisions.
How will Minh Collins be compensated under the GBT Technologies agreement?
Under the agreement, Minh Collins earns $10,000 per month. Payment can be made in cash, shares of GBT Technologies’ common stock valued at $0.00005 per share, or a combination, as determined by the Board of Directors, along with standard executive benefits for his role at Cube X Media.
What is Cube X Media Corporation within the GBT Technologies group?
Cube X Media Corporation is a wholly owned subsidiary of GBT Technologies. It focuses on producing original digital advertising, vertical video, and cinematic content designed for AI-enabled point-of-sale machine networks and other digital platforms, working alongside sister subsidiary Cube Wellness Technologies’ automated retail infrastructure.
What restrictions and protections are included in Minh Collins’ agreement with GBT Technologies?
The agreement restricts Minh Collins from engaging in competing business activities during its term and includes a non-disclosure clause protecting company information. It also provides an indemnification clause in his favor and defines multiple “cause” scenarios under which GBT Technologies may terminate his employment.